Initial equity contribution. ’ means the amount or value of contributions made by non-Federal entities for the acquisition of the asset prior to occupancy of facilities.
Initial equity contribution has the meaning set forth in the Disbursement Agreement.
Initial equity contribution means the amount of unreimbursed equity contributed by Borrower with respect to Project Costs for the Improvements prior to the initial funding of the Loans and as a condition thereto, which amount shall be not less than $73,000,000, as verified by the Administrative Agent pursuant to Schedule 4-Part A. For these purposes the amount of unreimbursed equity contributed by Borrower with respect to the cost of the Land shall be deemed to equal the Appraised Value thereof or $73,000,000, whichever is less.
Examples of Initial equity contribution in a sentence
Initial equity contribution means the amount or value of contributions made by non-profit organizations for the acquisition of the asset or prior to occupancy of facilities.
Initial equity contribution means the amount or value of contributions made by non-profit organizations for the acquisition of the asset or prior to occupancy of facili- ties.
The Authority controls the market building and is responsible for hiring the Market Master.
Initial equity contribution means the amount or value of contributions made by organizations for the acquisition of the asset or prior to occupancy of facilities.
More Definitions of Initial equity contribution
Initial equity contribution shall have the meaning set forth in Section 4.6.
Initial equity contribution means $39,000,000.
Initial equity contribution has the meaning set forth in the Disbursement Agreement. GECC Contract No. 31919 GECC Property No. 8004-6599 Denver, Colorado
Initial equity contribution the aggregate amount of all equity contributions and Qualifying Junior Funding made by any Group Member (other than the Borrower) to the Borrower on or after September 1, 2004 and prior to the Closing Date; it being understood that such contributions in the amount of $136,000,000 have been made prior to the date hereof.
Initial equity contribution the direct or indirect contribution to Holdings by Parent on or prior to the Closing Date of cash in the form of common equity of Holdings (with such cash further contributed by Holdings on or prior to the Closing Date to the Borrower in the form of common equity), with a value in the aggregate of not less than $10,800,000, as evidenced by the pro forma unaudited consolidated balance sheet of the Borrower delivered to the Administrative Agent pursuant to Section 4.1(c) and certified to in an officer’s certificate from a Responsible Officer of the Borrower to the Administrative Agent.
Initial equity contribution means an equity contribution by Borrower in a minimum amount equal to Seventy Million Six Hundred One Thousand and No/100 Dollars ($70,601,000.00) which shall be comprised of the Land at its Appraised Land Value of Thirty--Six Million Seven Hundred Fifty Thousand and No/100 Dollars ($36,750,000.00) and all Xxxxxxx Money Deposits in an amount not less than Thirty--Three Million Eight Hundred Fifty Thousand Five Hundred and No/100 Dollars ($33,850,500.00) and cash contributions from Borrower in an amount not less than Nineteen Million Eight Hundred Eighty--six Thousand Eight Hundred Seventy --two and No/100 Dollars ($19,886,872.00).
Initial equity contribution is defined in Section 5.19 hereof.